Jubilant Foodworks Ltd., the operator of Domino's Pizza and Dunkin' in India, reported a lower net profit of Rs 66.53 crore in the second quarter, compared to Rs 97.2 crore in the same period last year. Despite the profit dip, revenue rose to Rs 1,954.72 crore from Rs 1,368.63 crore, fueled by expansion and growth in the Indian market.

An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms, documents showed.

Cigarette maker Godfrey Phillips India Ltd on Monday reported a 23 per cent rise in consolidated net profit to Rs 248.31 crore in the second quarter ended September 30, 2024, fuelled by higher sales.

Britannia Industries' revenue from operations increased by 5.29 per cent to Rs 4,667.57 crore in Q2 FY25, up from Rs 4,432.88 crore during the second quarter of the financial year 2023-24. On the company's quarterly performance, Varun Berry, vice chairman and managing director, said, “A ~8% volume growth with a sequential increase in revenue and operating profits are satisfactory results in the face of severe commodity inflation leading to a tepid consumer demand scenario in most FMCG categories."

Indian consumers are increasingly choosing healthier snack options, driving the segment's rapid growth. Emerging brands offering smaller packs and health-focused snacks are experiencing significant success, particularly in metros and lower town classes. This health-conscious trend extends to durables like air fryers and fitness wearables, reflecting a nationwide shift towards healthier lifestyles.

Environmental group Rainforest Action Network (RAN) alleges that palm oil derived from illegally cleared Indonesian wildlife reserves may have infiltrated the supply chains of major brands like Nestle and Procter & Gamble. RAN's investigation, supported by satellite imagery, points to the deforestation of Rawa Singkil Wildlife Reserve for palm oil plantations, potentially jeopardizing endangered species.

Britannia Industries reported a 10% drop in profit for the quarter ended September as surging housing costs and low income growth in urban areas led to a slowdown in demand for fast-moving consumer goods. While rural demand has been stable, urban demand has seen a significant downturn, mirroring global trends of consumer confidence returning but wages lagging behind inflation.

India's retail inflation rose to 6.21 percent in October. This is a significant increase from September's 5.49 percent. Food prices are the main reason for this surge. This is the first time since August that inflation has gone beyond the Reserve Bank of India's 6 percent limit. The rise in onion prices is a major concern.

Pernod Ricard India Pvt Ltd (PRI) has reported an overall 6.9 per cent increase in its revenue from operations for FY24, and its profit rose 20.9 per cent to Rs 1,620.58 crore, according to the Registrar of Companies data accessed by business intelligence platform Tofler.

Coca-Cola India's consolidated profit plummeted by 41.82% to Rs 420.29 crore in FY24, despite a 4.24% increase in revenue, reaching Rs 4,713.38 crore. The company's advertising and sales promotion expenses surged by 35.47% to Rs 1,520.21 crore, while royalties paid to its US parent company also rose.

Xiaomi India President Muralikrishnan B has resigned to pursue a doctorate, marking the end of his tenure during a period of recovery for the leading smartphone company. Muralikrishnan, who joined in 2018, will transition into a six-month gardening leave. His departure follows strategic executive appointments aimed at boosting offline sales and premium market presence.

US President Donald Trump's second term may benefit India's electronics industry. The US plans to impose tariffs on Chinese electronics, encouraging companies to seek alternative manufacturing hubs. India, with its growing manufacturing sector, stands to gain. Experts believe this shift could lead to increased electronics exports from India to the US. However, concerns remain about India's capacity to handle the potential surge in production.

Samsung India Electronics' revenue grew by a mere 4% in FY24, reaching Rs 102,626 crore, marking its slowest growth in eight years. This slowdown, largely attributed to a stagnant smartphone market and heightened competition, is believed to be behind recent layoffs and cost-cutting measures.

The gaming console uses Wi-Fi 7, a wireless standard that uses the 6GHz band for connecting to the internet. However, the band itself is embroiled under controversy with telecom operators pushing for it to be reserved for mobile internet services.

Apple established a new subsidiary in India, Apple Operations India, marking its first direct presence in the country. This subsidiary will focus on research, design, testing, and providing support to third-party manufacturers. This move signifies Apple's commitment to expanding its operational footprint in India beyond assembly and sales.

Apple could double its iPhone production in India to over $30 billion annually if the US imposes tariffs on Chinese imports. This shift could create 200,000 jobs and increase India's share in iPhone production to over 26%. However, the move depends on US policy and India's ability to address cost and policy challenges.

Sony India, experiencing substantial growth in its gaming sector due to the PlayStation 5's success, is now eyeing India as a key market. Despite anticipating moderated growth this fiscal year, the company remains committed to expanding its gaming presence, including software and peripherals. Sony India last week filed its annual returns to report over 50.1 per cent growth from its 'other business' segment at Rs 1,363.54 crore, which houses its gaming and B2B business.

Apple India's dividend payout to its Irish holding company more than doubled to ₹3,302 crore in FY24, exceeding its net profit for the first time. This comes as iPhone sales surged in the country, boosting Apple India's revenue by 36%. While analysts acknowledge the impressive revenue, they also point to stagnant operating margins and increased inventory as potential challenges.

DAEWOO India has brought on C.M. Singh as its new Joint Managing Director. Singh brings over 30 years of experience to the role, having previously held leadership positions at LG, Videocon, TCL India, and Sukam. DAEWOO aims to leverage Singh's expertise to expand its presence in the consumer durables sector and reach new markets across India.

India's paper market is experiencing rapid growth, with packaging paper and paperboard consumption rising at 8.2% in 2023-24. The market, driven by demand from FMCG, textiles, pharmaceuticals, e-commerce, and healthcare sectors, benefits from the ban on single-use plastics. Overall paper demand in India grows at 6-7% annually.

India's home textile industry is set to witness 6-8 per cent growth this fiscal, riding on resilient demand from the US and expansion in the domestic market, according to a report on Tuesday.

Indian travelers are increasingly splurging on luxury goods while abroad, with spending in this category skyrocketing by 250% in recent years. Travel companies and luxury brands are responding by incorporating premium shopping experiences into their itineraries and offering exclusive perks to attract Indian shoppers.

Titan Company experienced a 15% profit decline in Q2. The company attributes this to losses from a customs duty drop on gold. Despite this, Titan saw strong sales growth in its jewellery and watches segments. The company remains optimistic about the future, particularly the upcoming festive season. Titan is also closely watching the lab-grown diamond market and formulating its strategy.

Pernia's Pop-Up Shop is raising funds for its initial public offering. The company plans to use the funds to expand its retail network and become debt-free. The retailer aims to open more stores in Mumbai and Delhi. Pernia's Pop-Up Shop sells designer wear from various brands. The company achieved significant revenue growth in the last financial year.

Page Industries, the company that holds the license for Jockey and Speedo in India, saw its profit increase by 30% in the second quarter. The company's profit reached 1.95 billion rupees. This growth was driven by higher sales of premium athleisure wear. Despite a general slowdown in consumer spending, demand for these products remained strong.

Safari Industries India reported a 25.40% YoY decline in consolidated net profit to Rs 29.66 crore in Q2 FY25, despite a 23.72% YoY increase in revenue to Rs 457.79 crore. The luggage maker's profit before tax also fell by 27.07% YoY to Rs 37.84 crore, primarily due to a significant rise in total expenses, including a 53.

The Confederation of Indian Textile Industry (CITI) on Monday said the return of Donald Trump as the next US President will bolster India's textile and apparel trade with its largest international market.

The beauty giant, which manufactures makeup, skincare, perfumes, and hair care products, has been in India for close to 20 years now. It had first launched MAC in the country, followed by Clinique, Estee Lauder and recently The Ordinary—its premium affordable range aimed at recruiting younger consumers.

9Skin, co-founded by actress Nayanthara, partners with Reliance Retail's Tira to expand into offline retail in India. This collaboration launches the exclusive Skinderella Hydrogel Mask. The partnership aims to offer innovative, natural skincare solutions, now available both online and offline through Tira's network.

Grooming products maker Gillette India Ltd on Monday reported a 43.5 per cent rise in profit to Rs 133.01 crore for the quarter ended September 2024, led by a broad-based growth. The company, which follows the July-June financial year, had reported a profit of Rs 92.69 crore in the corresponding quarter of the preceding year, according to a BSE filing from Gillette India.

Marico Limited finalized its acquisition of Just Herbs in September 2024, securing the remaining 40% equity in Apcos Naturals Private Limited, which owns the Just Herbs brand. With this acquisition, Just Herb's expansion momentum is poised to accelerate.

Indian fragrance and flavour company Sacheerome aims to achieve 30-40 per cent annual growth in the Middle East market. The company plans to make Dubai its second home and establish an R&D center in the city. With significant growth potential in the MEA sector, Sacheerome also targets expansion in Asia-Pacific, focusing on Malaysia.

Highlighting the brand’s expansion trajectory in terms of physical retail presence, Sanjay Sharma, Country Head of Shiseido India said that since launching with 15 touchpoints last year, NARS has already doubled its reach to 30 points in India and plans to double again in the next two years.

India's toy exports saw a slight decline to USD 152.34 million in 2023-24 from USD 153.89 million the previous year. Despite quality control orders, exports did not benefit much. GTRI Founder Ajay Srivastava suggested a more comprehensive strategy to develop the industry and boost exports.

Founded by Supam Maheshwari and his colleague from a previous business, Amitava Saha, FirstCry has been the darling of investors which include SoftBank, Tata Sons Chairman Emeritus Ratan Tata, Premji Invest, Mahindra & Mahindra and TPG Growth.

Millennium Babycares Ltd announced the closure of a Rs 122 crore private placement round with Bharat Value Fund (BVF), which acquired a significant minority stake. BVF is managed by Pantomath Capital and targets a corpus of Rs 2,000 crores. The funds will be used for market expansion in India and internationally.

Shares of FirstCry fell 4.5% after the GST department initiated an investigation at its Mumbai head office and Pune warehouse. The company assured normal operations, with no details on alleged violations.

Ian Hoffman Brass Instructor IAN HOFFMAN has a deep-seated connection and passion for music and the arts, having started his musical journey singing with the Dreaming Summit Honor Choir in […]

Joe Venezia Brass Instructor Currently based out of Boston Massachusetts, JOSEPH VENEZIA is an active performer and educator. Joseph’s career has led him to perform across both the United States […]

Mike Lebrias Brass Instructor DR. MIKE LEBRIAS (he/him) recently completed a Doctor of Musical Arts degree in Wind Conducting at the University of Texas at Austin, where he studied with […]

You might have heard people talk about IAB podcast stats, measurement guidelines, compliance, and certification. Here's what all of that means, and whether it even matters!

The post Do IAB-Certified Stats Matter for Your Podcast? first appeared on The Audacity to Podcast.

On October 13 and 14, Netflix deleted nearly its entire library of Palestinian films and films about Palestinians. Thousands of people on social media have criticized Netflix for removing these films. Netflix claims there was no agenda behind the move and that the collection of films was licensed in 2021 for three years, and the licenses have expired. Meanwhile, over 30 organizations are calling on Netflix to reinstate the content and for a boycott of the streaming giant.

Big fines by regulators on tech companies are nothing new, but the scale of one imposed by a Russian court on Google is astronomical. For removing Russian state-run channels and pro-government accounts from YouTube in the wake of the country's invasion of Ukraine in 2022, Russia is demanding that Alphabet pay up 20 undecillion rubles ($2.5 decillion USD) or face its being blocked from doing business in the country indefinitely.

President-elect Donald Trump has gone against media expectations by tapping Marco Rubio, Kristi Noem and a number of other Capitol Hill veterans to fill posts in his second administration.

Artasia Viges, 24, is facing multiple charges after police said she lied about her son being kidnapped after she left him unattended on a major roadway.

Looking for someone with experience automating business processes with tools like PowerAutomate, VBA and Powershell. Detailed posting here.

I'd like to buy suit separates from Mödstrom, who only ship to the following countries: Austria Belgium Denmark Finland France Germany Greenland Ireland Italy Luxembourg Norway Portugal Spain Sweden Lithuania Poland The Netherlands I'm in the United States. So ideally, I'd like someone in one of the above countries to receive the package for me and ship it on to the US. I would pay for all shipping costs, and either order the item or give you the money to order if you'd like to keep your address confidential. I'll also pay you for your time, please feel free to make an offer (I don't know how much effort this will require on your part depending on your location, but if you'd like me to make an initial offer I can do so). I'd prefer to be contacted through MeMail, but you can use the email address here if you prefer.

Want to work at one of the Federal Government's "Best Places to Work" and protect the retirement security of millions of workers and retirees? The Pension Benefit Guaranty Corporation's (PBGC) Office of Policy and External Affairs (OPEA) is looking for a DC-area Administrative Support Specialist. The GS-11 position will: Provide administrative support for PBGC' s Advisory Committee, comprised of Presidentially appointed members, including travel, budget, payroll, speaker presentation coordination (including audio/visual support) and meeting preparation. Manage Congressional Correspondence tracking system in a confidential capacity and handling sensitive Congressional correspondence. Work closely with leadership to coordinate a variety of essential services through various PBGC organizations, e.g., budget, procurement, human resources, information technology, etc. Perform research assignments, special projects, and a broad range of administrative functions, including matters of a sensitive nature, for leadership as necessary in executing the missions of the office. The candidate is required to be on-site at least one day per week and may be asked to be onsite to support in-office staff for special meetings and events as needed.

The Poquoson Public Library (PPL) seeks an enthusiastic and detail oriented full-time Adult Services Librarian with a strong public service philosophy and excellent communication skills to join its team. PPL is an award winning and vibrant one-branch library (<2>Full official posting and online application link

It's Night 1 of the highly anticipated return of Cinetopia! Marquee Arts executive director Russ Collins and Marquee Arts cinema program director Nick Alderink join WEMU's David Fair to chat about this year's Cinetopia Film Festival, along with the latest Pixar film that opens at your favorite multiplex!